SCHEDULE: Royce & Associates LP Discloses 7.01% Stake in Legacy Education Inc.

Royce & Associates LP has filed an amended Schedule 13G, reporting a beneficial ownership of 7.01% of Legacy Education Inc.'s common stock.

Summary

• Royce & Associates LP, an investment adviser based in New York, has filed an Amendment No. 2 to Schedule 13G regarding its beneficial ownership in Legacy Education Inc.
• The filing indicates that Royce & Associates LP beneficially owns 867,770 shares of Legacy Education Inc.'s Common Stock.
• This ownership represents 7.01% of the class of securities.
• The shares are held with sole voting power and sole dispositive power by Royce & Associates LP.
• The event requiring this filing occurred on June 30, 2025, with the statement signed on July 22, 2025.
• Royce & Associates LP certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The filing is a neutral, factual disclosure of beneficial ownership, indicating a passive investment without intent to influence control.

Positives

• Royce & Associates LP, a reputable investment adviser, holds a significant passive stake, indicating a long-term investment perspective without intent to influence control.

Negatives

• The filing itself does not contain negative financial or operational information about Legacy Education Inc.; it is a disclosure of ownership.

Risks

• The filing does not detail specific risks related to Legacy Education Inc.'s operations or financial health, as it is a beneficial ownership report.

Future Outlook

The filing is a disclosure of beneficial ownership and does not contain any forward-looking statements or guidance regarding Legacy Education Inc.'s future performance or outlook.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect."
• Royce & Associates, LP disclaims any pecuniary interest in any of the securities reported in this Schedule 13G.
• Royce & Associates, LP disclaims that it is the beneficial owner, as defined in Rule 13d-3, of any of such securities.
• Royce & Associates, LP believes that it is not a 'group' with FRI affiliates, the Principal Shareholders, or their respective affiliates within the meaning of Rule 13d-5 under the Act.

Industry Context

This filing is a standard disclosure of a significant passive investment by an institutional investor in a publicly traded company. It does not provide broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional investor's stake, which can be viewed positively as a vote of confidence, especially given the passive nature of the investment.

Key Dates

Keywords

Legacy Education Inc., Royce & Associates LP, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, Passive Investment, SEC Filing